Part 4/9:
The Importance of the Development Team
The people behind a project often dictate its potential for success, making it imperative to research the development team. Examine the team’s background by utilizing platforms like LinkedIn or simple Google searches. Previous experiences—particularly in the crypto space—can provide insights into their proficiency and track record.
It's vital to approach projects with anonymous team members with skepticism; while anonymity can sometimes be justified for safety or regulatory reasons, it poses inherent risks for investors. Evaluating the team's experiences and successes — or failures — in previous projects can add context to your investment decision.